TMI BlogHigh Court Rules Unsecured Loan Allegations u/s 68 Unfounded Due to Lack of Concrete Evidence Against Assessee.Unsecured loan obtained from companies u/s 68 – Creditworthiness and genuineness of transaction – assessee was rerouting its own funds was based on surmise - no addition - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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